Sable Offshore Corp.

Sable Offshore Corp., formerly Flame Acquisition Corp. (NYSE: FLME), is a de-SPAC entity that completed its business combination in 2023 after Flame Acquisition Corp. went public in 2021 targeting the upstream energy sector. The SPAC was led by sponsor James C. Flores, a veteran oil and gas entrepreneur, and focused on acquiring producing assets in the North American energy space. The resulting company, Sable Offshore Corp., is engaged in California offshore oil production, primarily centered on the Santa Ynez Unit assets formerly operated by ExxonMobil. The November 2023 10-Q reflects the company's post-combination operating status. Sign up at SpacDesk for complete filing histories, sponsor profiles, and deal analytics on this and every SPAC transaction in the market.